Unemployment up, and more great economic news

Thorgrim · 08-04-2006, 11:59 AM

Total nonfarm payroll employment increased by 113,000 in July, and the unemployment rate rose to 4.8 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

ftp://ftp.bls.gov/pub/news.release/empsit.txt

That's about half of what a normal economy should be increasing just to adjust for population growth

Phantom · 08-04-2006, 12:09 PM

4.8% is pretty darn low

you should thank those high minimum wage states for the higher unemployment

ballz2wallz · 08-04-2006, 12:13 PM

Originally Posted by Phantom

you should thank those high minimum wage states for the higher unemployment

pwnt

Thorgrim · 08-04-2006, 12:22 PM

Originally Posted by Phantom

4.8% is pretty darn low

you should thank those high minimum wage states for the higher unemployment

actually those states have great economies, and I value poverty levels more than I do some woman working 80 hours a week making 20k a year with minimum wage

the nation’s official poverty rate rose from 12.5 percent in 2003 to 12.7 percent in 2004

Right as Nixon was taking office and LBJs Great Society was taking effect, the poverty level was 11.1 in 1973

33 years and our povery level has gone up...wonderful

As opposed to 1900 where a majority of americans lived in poverty
Post-WW2 when that was reduced a quarter, and Kennedy where it was reduced to a 19%

So much progress, now we are going backwards...thank you conservative economics

Phantom · 08-04-2006, 12:31 PM

Originally Posted by Thorgrim

So much progress, now we are going backwards...thank you conservative economics

comparing poverty levels over decades is bullshit. People below the poverty line today frquently have cable TV and cell phones. IMO poverty in the US is almost nonexistant and where it exists it is usually the fault of the people themselves.

Tell me how an illegal immigrant can come here without the right to work, get a driver's license or vote can work their way to buy a house while so many other people are "stuck" in poverty.

ballz2wallz · 08-04-2006, 12:42 PM

Originally Posted by Phantom

comparing poverty levels over decades is bullshit. People below the poverty line today frquently have cable TV and cell phones. IMO poverty in the US is almost nonexistant and where it exists it is usually the fault of the people themselves.

Tell me how an illegal immigrant can come here without the right to work, get a driver's license or vote can work their way to buy a house while so many other people are "stuck" in poverty.

i make poverty wages, but i have internet and digital cable and my own place in a big city...

Thorgrim · 08-04-2006, 01:00 PM

Originally Posted by Phantom

comparing poverty levels over decades is bullshit. People below the poverty line today frquently have cable TV and cell phones. IMO poverty in the US is almost nonexistant and where it exists it is usually the fault of the people themselves.

Tell me how an illegal immigrant can come here without the right to work, get a driver's license or vote can work their way to buy a house while so many other people are "stuck" in poverty.

So the US Census Bureau and other US economic bureaus are full of BS, i get it...even the GOP runs oversight and rules

6SpeedTA95 · 08-04-2006, 01:06 PM

4.8% is considered full employment, no issues with that.

6SpeedTA95 · 08-04-2006, 01:07 PM

Originally Posted by Thorgrim

So the US Census Bureau and other US economic bureaus are full of BS, i get it...even the GOP runs oversight and rules

The point is the poverty line moves, it shifts and as standards of living increase so does the poverty standard.

Thorgrim · 08-04-2006, 01:22 PM

Originally Posted by ballz2wallz

i make poverty wages, but i have internet and digital cable and my own place in a big city...

you make 8,000 a year?

ballz2wallz · 08-04-2006, 01:26 PM

Originally Posted by Thorgrim

you make 8,000 a year?

after taxes, it feels like it!

6SpeedTA95 · 08-04-2006, 01:39 PM

Originally Posted by Thorgrim

you make 8,000 a year?

Poverty is a lot higher than 8k/yr

Thorgrim · 08-04-2006, 01:41 PM

Originally Posted by 6SpeedTA95

Poverty is a lot higher than 8k/yr

The only number I can link to is 10,000 a year IF YOU'RE SINGLE AND HAVE A KID

take off the kid, I remember it was around 7-8k a year, but i can't back that up

BTW, add up all the welfare checks, and you get less than 7,000 a year if you have a kid...you HAVE to work or find other ways to get cash...AND you are forced off after a few years

beez · 08-04-2006, 01:59 PM

I believe you have to be making less than 12k/yr with kids in NYC to qualify for food stamps. I don't know about welfare.

Thorgrim · 08-04-2006, 02:05 PM

Originally Posted by beez

I believe you have to be making less than 12k/yr with kids in NYC to qualify for food stamps. I don't know about welfare.

food stamps is welfare

for TANF, you need kids

there is some myth that there are these single black fat dudes walking around loaded on welfare...when they only qualify for 2,000 in federal food stamps ALL YEAR

Your federal tax dollars don't give them a cent more

JaJae · 08-04-2006, 02:06 PM

Originally Posted by Thorgrim

The only number I can link to is 10,000 a year IF YOU'RE SINGLE AND HAVE A KID

take off the kid, I remember it was around 7-8k a year, but i can't back that up

BTW, add up all the welfare checks, and you get less than 7,000 a year if you have a kid...you HAVE to work or find other ways to get cash...AND you are forced off after a few years

I dunno, welfare, public housing, food stamps, it adds up. You can live off it without having to work. In fact, many people do.
The whole point of these programs is so that if you're not working, you can afford to live.

ballz2wallz · 08-04-2006, 02:06 PM

Originally Posted by JaJae

I dunno, welfare, public housing, food stamps, it adds up. You can live off it without having to work. In fact, many people do.

my cousin does

JaJae · 08-04-2006, 02:09 PM

Originally Posted by ballz2wallz

my cousin does

And contrary to what liberals want you to believe, it's VERY difficult to get kicked off public assistance.. especially if you have kids. In fact, if someone were to get kicked off public assistance because they couldn't find a job, it'd be all over the news.

Scrum · 08-04-2006, 02:12 PM

It's difficult to get public assistance, at least from the few people I know who have really needed it.

ballz2wallz · 08-04-2006, 02:18 PM

Originally Posted by JaJae

And contrary to what liberals want you to believe, it's VERY difficult to get kicked off public assistance.. especially if you have kids. In fact, if someone were to get kicked off public assistance because they couldn't find a job, it'd be all over the news.

she doesn't have kids...she's handicapped, so i can't really use her as a PRIME example. but she does live off the little she gets.